The lack of first tier economic data and stories from this past week has failed to capture the market's imagination and has largely kept the FX markets in their mid-term ranges. The currency and commodity markets kicked off the week on a bearish note against the US Dollar; instead of an expected build-up of risk sentiment spurred by a better than expected NFP number from the US from the Friday before, the majors came under a wave of fresh selling against the greenback.
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